Corporate interests commit millions to celebrate Trump’s inauguration
CNNCNN — Fortune 500 companies, burgeoning crypto firms and individual billionaires are racing to help underwrite Donald Trump’s upcoming inauguration – pledging seven-figure donations apiece to next month’s festivities as they work to ingratiate themselves with the new administration. Trump’s committee has not publicly released a budget, but the committee that oversaw his first inauguration in 2017 raised a then-record amount, nearly $107 million. Trump’s first inaugural committee drew 18 donations from corporations and other organizations of $1 million or more, according to a tally by OpenSecrets, which tracks money in politics. Ford and General Motors – both of which contributed to Trump’s first inauguration – this week confirmed that each plans to give $1 million to his inaugural committee this time, along with providing vehicles to support the events.